Hemp production is legal in South Dakota after a year-long battle between Gov. Kristin Noem and lawmakers. Noem signed the industrial hemp production bill Friday, which takes effect immediately and includes $3.5 million to set up South Dakota’s state production program. South Dakota farmers will have to wait to produce hemp until the state receives U.S. […]
The U.S. military and Wisconsin university researchers are discussing making hemp fiber to replace imported polyester and polymer in Army vehicles – a potential partnership that would return the state to the days it was the epicenter of fiber production during both World Wars. To make it a reality, researchers at the University of Wisconsin […]
A new $2.2 trillion package designed to prevent the U.S. economy from collapsing has room for hemp businesses and farms. The relief package signed into law Friday allows legal hemp operators to seek loans and direct aid to help keep their businesses afloat. The measure includes: $10 billion for Small Business Administration emergency grants, with […]
A hemp processor and extractor in Texas is working to establish operations in Houston. Bayou City Hemp Co., founded by Houston natives Ben Meggs and Jeromy Sherman, has applied for hemp processing licenses through the Texas Department of Agriculture. Additionally, Texas Agriculture Commissioner Sid Miller appointed Sherman to serve on a state hemp advisory council. […]
A Canadian cannabis company that is ratcheting back its marijuana business, The Green Organic Dutchman (TGOD), apparently has no plans to slow hemp production. The news comes as TGOD suspended production at its processing facility in Quebec and is laying off staff. The Green Organic Dutchman has a European subsidiary, HemPoland, that sells CBD products, […]
A New Mexico medical marijuana company has begun exporting cannabis-based medicine to Israel. Ultra Health spokeswoman Marissa Novel said recently the company started exporting earlier this month through a partnership with Israeli pharmaceutical group Panaxai. The medicine was created using hemp grown in Bernalillo County, New Mexico. Ultra Health is believed to be one of […]
(This is an abridged version of a story that appears in the March issue of Marijuana Business Magazine.) CBD is currently the fastest-growing segment in the cannabis industry, with new companies jumping into the market almost daily and retailers from big-box chains to mom-and-pops eager to stock their shelves with the hot, in-demand products. But with […]
A prominent marijuana lobbying is warning consumers against CBD-infused products claiming to guard against the coronavirus. The National Organization for the Reform of Marijuana Laws said this week that CBD retailers have received warning letters from the U.S. Food and Drug Administration for making such unsubstantiated claims. “If something sounds too good to be true, […]
“These new rules are unduly onerous, expensive, and impractical. Even if they are ultimately implemented, it is unlikely that they would greatly facilitate clinical cannabis research in the United States.”
International CBD brand Elixinol has appointed a new CEO for North and South America. Tom Siciliano will oversee the company’s hemp-derived CBD business in the Americas region. He succeeds outoing Americas chief Leif Harrison, who recently spoke to Hemp Industry Daily about the company’s revamped global strategy. Wednesday’s announcement of the management shakeup did not elaborate on […]
